Trump's victory drives markets wild, crypto hedge funds see huge gains!
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Crypto financial services company Galaxy Digital is one of the biggest winners
Since Trump won the election in November, the rise of Bitcoin has accelerated and pushed up the value of Bitcoin, the largest digital asset.
Brevan Howard and Galaxy Digital are big winners. The rally has also pushed up the value of small digital tokens.
Bitcoin prices have soared 130% to around $100,000 so far this year, driving the total market value of major cryptocurrencies up $1.8 trillion to $3.5 trillion.
But this week, the market fell slightly as the Federal Reserve hinted that interest rate hikes next year would be less than expected, hitting high-risk assets hard.
Compared with the Biden administration, which is more cautious about digital currencies, investors hope that the Trump administration will be more friendly to senior government positions.
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